£278,339
This estimated value is based upon the latest sale price for the house of £220,000 on 3 Dec 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 3 Dec 2018 |
| Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 sq feet |
This model uses changes in the Official Land Registry House Price Index for LANCASHIRE to estimate the market value.
When this house was purchased in December 2018 the House Price Index for LANCASHIRE was 80.7.
The House Price Index as of 1 Jan 2025 is 102.1 which is a change of 26.518%.Applying this 26.518% change to the original purchase price of £220,000 results in an estimated price of approximately £278,339.
| 3 Dec 2018 | 1 Jan 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.7 | 102.1 | 26.518 % | £220,000 | £58,339 | £278,339 |
The Postcode Pricing Model uses changes in average sales price within the WN8 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 77.286 % | £170,028 | £390,028 |
| 3 Month Average | 47.953 % | £105,496 | £325,496 |
| 6 Month Average | 34.104 % | £75,028 | £295,028 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2024 | £312,140 | £310,000 | 7 WILLOW WALK |
| 1 Nov 2024 | £273,211 | £270,000 | 2 NEWBY DRIVE |
| 9 Aug 2024 | £199,694 | £195,000 | 3 NAIRN AVENUE |
| 28 Mar 2024 | £200,237 | £192,000 | 4 NEWSTEAD DRIVE |
| 20 Feb 2024 | £173,832 | £166,000 | 8 NAIRN AVENUE |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 5 May 2018. Using an estimated price of £278,340 means this house is valued at £2,046 per sq meter (£190 per sq foot).
The average size of a house on HAZEL LANE is 181 sq meters (1,952 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2025 | Other crime | Under investigation | On or near Hazel Lane |
| Feb 2025 | Anti-social behaviour | On or near Newby Drive | |
| Jan 2025 | Anti-social behaviour | On or near Newby Drive | |
| Jan 2025 | Anti-social behaviour | On or near Newby Drive | |
| Jan 2025 | Anti-social behaviour | On or near Newby Drive |